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The Nuclear Company Announces a 6.6 GW Nuclear Project to Commence Construction by 2030 in Kentucky

LCG, October 21, 2026--The Nuclear Company today announced a proposed nuclear energy campus in Kentucky that could potentially provide 6.6 GW of electric generating capacity. The Prosperity One nuclear energy campus, located along the Ohio River in eastern Kentucky, could accommodate up to six Westinghouse AP1000 reactors and would be the largest nuclear power generation site in the nation if fully constructed.

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FERC Proposes NEPA Revisions to Streamline Air Quality Analyses and Accelerate Natural Gas Projects

LCG, October 16, 2026--The Federal Energy Regulatory Commission (FERC) announced on Thursday its new proposal to revise and accelerate its review of air quality effects for proposed natural gas projects under the National Environmental Policy Act (NEPA). The draft policy statement highlights revisions designed to (i) avoid unnecessary delays and duplicative analysis and (ii) deliver greater regulatory certainty and a streamlined path forward for project applicants.

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Industry News

FERC to Review Possible PacifiCorp Contract Cancellation

LCG, June 26, 2002-A Federal Energy Regulatory Commission judge will determine whether or not PacifiCorp may renegotiate or cancel electricity contracts signed last summer.

The Portland utility signed contracts for this year for up to $262 per MWh from five energy traders. The utility claims that the prices are unfair and therefore illegal.

The Federal Energy Regulatory Commission placed a $92 per MWh cap on electricity prices in the region on June 19 last year, just days after some of PacifiCorp's contracts were signed. Current prices in the area are less than $40 per MWh.

FERC will appoint a judge to the case by the middle of July, and the companies will be given 30 days to settle disputes. PacifiCorp wants to cancel or renegotiate contracts with Reliant Resources Inc., Morgan Stanley Capital Group Inc., Williams Cos Inc., Enron Corp., and El Paso Corp.

The contracts in question involve electricity to be transmitted between July 1 and September 30 of this year.

Scottish Power Plc. owns the Portland-based utility.
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